Inseego Corp (NASDAQ:INSG) announced the appointment of Mark Licht to its Board of Directors, effective Jan. 5, 2018. Mark Licht has an extensive background in the telematics industry with over 25 years of experience in the formation, financing, and operation of wireless location services and technology companies.
Mr. Licht has founded several high-profile companies in the telematics and IoT markets, including Teletrac, Ituran, and Sigma One Communications. Currently, licht serves on the Boards or Advisory Boards of a number of fleet management, insurance telematics, data analytics, autonomous vehicle, predictive maintenance and OEM telematics companies in the US & Latin America.
“We’re thrilled to have a high-profile industry expert such as Mark join our Board of Directors,” said Dan Mondor, President and CEO of Inseego. “Mark’s extensive experience in both domestic and international telematics markets will be an extremely important asset to the Company as we look to strengthen the Ctrack brand and expand into exciting new verticals. Mark’s entrepreneurial background and deep industry relationships bring fresh insights to Inseego which will help accelerate our transformation.”